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For public-sector finance professionals, vigilance and caution are daily facts of life: You never know what s coming next. But in periods of major transition whether through a change in administration, department merger, or strategic pivot doing the job takes on an added dimension of uncertainty. I have definitely faced my share of transitions, said John Kaschak, CPA, CGMA, executive deputy secretary at the Pennsylvania Department of Revenue. In 22 years, he s worked for two public accounting firms, three state agencies, and five administrations. Some were by my choice; others were dealt at the hand of the electorate. However, each of these transitions came with their own share of uncertainty and angst.
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An organization representing nearly two dozen Allegheny County school districts in the north hills, east suburbs and Sewickley and Allegheny valleys is waiving the penalty and interest for local earned income taxes that are filed after the April 15 filing deadline.
The coronavirus pandemic prompted the U.S. Internal Revenue Service and the state Department of Revenue in March to extend the income tax filing deadline to May 17.
But those decisions did not cover local taxing bodies, according to John Lazzaro, chief council for the Keystone Collection Group, which handles income tax collection for the Allegheny North and the Allegheny Southwest tax collection committees.
The heat is off for preparing your Pennsylvania state tax return for another month as well. The Pennsylvania Department of Revenue also has extended its deadline until May 17. This is a positive step that provides additional time to Pennsylvania taxpayers, many of whom have been struggling during the last year due to the pandemic, Pennsylvania Revenue Secretary Dan Hassell said.
But before you set those W-2 forms and bank records aside for a few more weeks, there are a couple of exceptions to the good news on the procrastination front.
First, estimated tax payments that are due on April 15 are still due on April 15, the IRS reports.
Pennsylvania follows IRS in delaying tax deadline to May 17 lancasteronline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lancasteronline.com Daily Mail and Mail on Sunday newspapers.